Final answer:
The organelle in question is the endoplasmic reticulum (ER). When covered with ribosomes, it is involved in protein synthesis, secretion, or storage. If few or no ribosomes are present, it is involved with lipid synthesis.
Step-by-step explanation:
The organelle in question is the endoplasmic reticulum (ER). When the ER is covered with ribosomes, it is called the rough endoplasmic reticulum (RER), and it is involved in protein synthesis, secretion, or storage. When the ER does not have ribosomes, it is called the smooth endoplasmic reticulum (SER) and is involved with lipid synthesis.